Nifty tops 14,950 in extended session

Equity benchmark Sensex soared 1,030.28 points and the Nifty rallied over 270 points on Wednesday, tracking strong buying in financial stocks, after trading hours were extended following a technical glitch at NSE.

After resumption of trade at 3.45 pm, NSE Nifty zoomed 274.20 points or 1.86 per cent to end at 14,982. Similarly, the 30-share BSE index settled 1,030.28 points or 2.07 per cent higher at 50,781.69.

Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. On the other hand, PowerGrid, Dr Reddy's, TCS and Asian Paints were among the laggards. Minutes before the scheduled closure of trade at 3.30 pm, leading bourses BSE and NSE said their equity and derivatives markets will remain open till 5 pm.